MRPNL
MRPNLCommodities
Advanced

Crack Spread

The price difference between crude oil and refined petroleum products (gasoline, diesel), representing the refining margin.

3-2-1 Crack = (2 × Gasoline Price + 1 × Heating Oil Price − 3 × Crude Price) / 3

Trading Glossarymrpnl.com/glossary
Share Studio

Platform crop

Theme